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Company responds quickly to strong consumer demand; delivers unequaled value to continue rapid adoption of its new synchronization service

PALO ALTO, Calif., April 2, 2008 /PRNewswire/ — Sharpcast today said it will lower the price of its subscription plans for SugarSync, the company’s new award-winning synchronization service, effective immediately. The move is in response to very rapid adoption of the service at the promotional 50% introductory pricing, which the company will now offer as the regular subscription plan pricing. SugarSync is available for free trial at www.sugarsync.com.

Sharpcast Chief Executive Officer Gibu Thomas said, “Since launching SugarSync two weeks ago, we’ve been thrilled with the positive response for the product and customer momentum. Our customers have told us emphatically that they love the service and want to use it for their entire media collection, not just a subset, at an affordable price. We’re listening to them and responding immediately, offering what is not only the best user experience in the market for file synchronization, backup, and remote and mobile access, but also the best value.”

    New SugarSync Subscription Plans

 Storage              Monthly Subscription        Yearly Subscription

10 GB                          $2.49                       $24.99
30 GB                          $4.99                       $49.99
60 GB                          $9.99                       $99.99
100 GB                        $14.99                      $149.99
250 GB                        $24.99                      $249.99

From this point forward, all customers can enjoy this simple every day great value. To show appreciation for the loyalty of SugarSync’s first subscribers — The Founders’ Circle — the company will provide these customers with a special offer. All current Founders’ Circle members who signed up for a monthly subscription will get billed automatically at a 50% discount for the first year. All current Founders’ Circle members who signed up for an annual subscription will get 6 months of service free of charge when their subscription renews.

SugarSync has received great praise in the media in its first two weeks. The New York Times called it “an impressive piece of work.” Webware, a Cnet site, called it “the most useful sync tool ever,” and USA Today said, “SugarSync does a sweet job of keeping gadgets in harmony.” Laptop Magazine gave SugarSync its Editor’s Choice award, saying, “Sharpcast has changed the way we look at online backup.”

SugarSync is the first-ever solution that seamlessly synchronizes both Mac OS and Windows computers, mobile phones and the web. Built on the company’s patent-pending Universal Synchronization Platform, SugarSync’s powerful software-service combination gives people the easiest way to keep digital media and files automatically in sync across multiple computers, backed up online and remotely accessible from their mobile phones or through any web browser.

Sharpcast is the leading pioneer in converged solutions. A team of wireless and consumer internet industry veterans with a proven track record for building large-scale wireless data systems and successful internet businesses founded Sharpcast in 2004 with a mission to make digital life simple. The company is headquartered in Palo Alto, California.

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